Tagged: campaign finance

It’s no exaggeration that big money has changed the political landscape this election year.

The Republican presidential candidates and the president himself have all turned to so-called SuperPacs which can raise unlimited amounts of money.

One of the more successful SuperPacs so far has been the one supporting Mitt Romney.

But one of the former Massachusetts Governor’s most ardent supporters is Arizona Senator John McCain, one of the sponsors of campaign finance reform.

And he's not happy about the contradictions.

A 2010 United States Supreme Court ruling says corporations have the right to spend as much as they want supporting or opposing any candidate as long as they do that independent of the candidate's campaign. Secretary of State Ken Bennett said some corporations suddenly popped up last year during the Phoenix mayoral race and the Russell Pearce recall claiming that they did not have to disclose the SOURCE of their funds.